Dr. Edward Lawrence
Department of Finance and Real Estate
Florida International University

In partial fulfillment of the requirements of Course:

FIN 6406

By:

Nicole Suarez
Panther ID # 1101809

1.0 Introduction

ExxonMobil Corporation and its affiliated companies operate in the United States and most other countries. Headquartered in Irvine, TX, ExxonMobil was formed following the merger of Mobil and Exxon. It is the world’s largest publicly traded international Oil and Gas Company. They hold an industry-leading inventory of global oil and gas resources. They are the world’s largest refiner and marketer of petroleum products, and their chemical company ranks among the world’s largest. They are also a technology company, applying science and innovation to find better, safer and cleaner ways to deliver the energy the world needs. The company has more than 82,000 employees across the world. ExxonMobil’s stock is publicly traded on the New York Stock Exchange (NYSE) under the symbol “XOM.”

This report provides a quarterly trend analysis for ExxonMobil for fiscal year 2011. Financial information was obtained from the company’s website by examining the 10-Q SEC filings for Quarters 1 through 3 and the 10-K SEC filing for Quarter 4. Additional financial information was also found on Yahoo! Finance, MSN Money and Bloomberg. Main areas of focus are liquidity, asset utilization, profitability, debt utilization and market values.

2.0 Financial Ratio Calculation and Analysis

The following table represents the liquidity ratios for ExxonMobil for FY 2011:

Current and quick ratios remain stable throughout the year, but both fall below a 1:1, which could indicate XOM’s inability to pay on its short-term debt because of their lack of liquidity. The same applies to net working capital. Because of the company’s lack of liquidity the company could run into a potential problem when considering their short-term debts. Current liabilities to inventory decreased in Q2 and then show positive trends in Q3 and Q4. This was a result of an increase in inventory in Q2 and then a decrease in Q3 and Q4. Cash ratio decreases slightly in Q2 and trends positive in Q3 and Q4. Based on the trends, it appears the company may have used cash in Q2 to purchase additional inventory, which would explain the decrease in the last ratio mentioned. Operating Ratio remained stable throughout 2011.

The following table represents the asset ratios for ExxonMobil for FY 2011:

Inventory turnover days increased slightly in Q2 through Q4, which shows a slow-down in turn time. Fixed assets turnover and total assets remain stable over all periods. These ratios measure the company's ability to generate net sales from fixed-asset investments -specifically property, plant and equipment (PP&E) – net of depreciation and total assets, respectively. Assets to equity ratio remain stable with a slight increase in Q4 due to an increase in total assets.

The following table represents the profitability ratios for ExxonMobil for FY 2011:

...A FinancialRatioQuarterlyTrendAnalysis of
Apple, Inc.
Stock Symbol: AAPL
Listed on NASDAQ
Prepared for:
Department of Finance and Real Estate
Florida International University
In partial fulfillment of the requirements of the course:
By:
Introduction
This report provides a financialquarterlytrendanalysis for Apple Inc. The U.S. based company (formerly Apple Computer, Inc.) is an American multinational corporation that designs and sells consumer electronics, computer software, and personal computers. The company's best-known hardware products are the Macintosh line of computers, the iPod, the iPhone and the iPad. Apple has been around since the mid- 1970’s, known by its former name. As of July 2011, Apple has 357 retail stores in ten countries, and an online store. It is the largest publicly traded company in the world by market capitalization, overtopping ExxonMobil by some $150 billion, as well as the largest technology company in the world by revenue and profit, worth more than Google and Microsoft combined. As of September 24, 2011, the company had 60,400 permanent full-time employees and 2,900 temporary full-time employees worldwide; its worldwide annual sales totaled $65 billion, growing to $108 billion in 2011. Apple Inc. stocks are publicly traded on National Association of Securities Dealers Automated...

...Exxon Mobil
By analyzing Exxon Mobil’s financial statements we obtained financialratios which led me to the conclusion that Exxon Mobil is mildly profitable, however they have some areas that might require attention. We can support this conclusion by analyzing what the implications of certain ratios are, and how they apply to Exxon Mobil. To make things brief will pick out a prominent ratio from four different categories (liquidity/short term debt ratios, turnover ratios, long-term debt ratios, and profitability ratios). The first ratio of importance is the current ratio (current assets/current liabilities) and it is a liquidity /short-term debt ratio that measures a company's ability to pay short-term obligations. Generally speaking a company should be above 1.0, as a number below this indicates that the company would not be able to pay off its current liabilities if it had to sell of its current assets. A strong company however will have a current ratio of about 2.0 or higher (www.answers.com/topic/financial-ratio). For Exxon Mobil the current ratio were 1.47, 1.47, and 1.55 for 2008, 2007, and 2006 respectively. Being that Exxon Mobil is in the middle ground...

...A FinancialRatioQuarterlyTrendAnalysis of
Nike, Inc.
Stock Symbol: NKE
Listed on the New York Stock Exchange
In Partial Fulfillment of the Requirements of the Course:
FIN 6406
Report Completed By:
1. Introduction
A financialratioquarterlytrendanalysis was completed to provide the reader with a
clear assessment of thefinancial health of the company: NIKE International. Just knowing that this company chose a symbol that references the winged goddess of victory seems to have been a premonition for the designer of the ‘swoosh’ as well as the founder, Phil Knight, of NIKE. (Hinker,)
Our team chose this corporation to analyze NIKE’s financial data because:
• NIKE is easily recognizable as a financially strong company after producing a high-quality product in their athletic shoes.
• Researching a company with such level of recognition supported easier access to information for internationally based team members.
• NIKE athletic shoes also supported the group’s ability to make comparisons with another company such as Adidas;
• Knowing that the company started very small and grew to what seems a limitless boundary seemed intriguing to us and promoted a desire to understand their financial growth.
The team chose three significant websites: MSN...

...
A FinancialRatioQuarterlyTrendAnalysis of
Honda Motor Co Ltd
Stock Symbol: HMC
Listed on the New York Stock Exchange
Prepared for:
Deanne Butchey
Department of Finance and Real Estate
Florida International University
Course: FIN 4606
By:
xxxxxxxxxx
Recommendations for Investors and Lenders
Would you place a personal deposit of one million dollars or more in the publicly traded stock of this company?
Honda is considered to be one of the best auto makers in the world; its customer base continues to grow throughout the years. Honda also has profit margins constantly higher than its closest competitor Toyota Motors.
Honda is making an effort to satisfy the necessities of its customers and the dominant market conditions by updating its models and ramping up supply. Renovating the production system, building new plants for increasing production, such as the one in Brazil; and adopting innovative techniques for upgrading might help Honda to improve capacity and sales during fiscal 2014. Honda expects revenues and net income to increase 22.5% and 58%, respectively, in fiscal 2014.
The company's strengths can be seen in several areas, such as its growth in earnings per share, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. Earnings per share trended upward after a decrease from Q1 to Q2 posting...

...﻿ Section III: FinancialAnalysis—RatioAnalysis
Profitability Ratios
When evaluating the company’s profitability, we pay attention to the following ratios which are commonly analyzed: Net Profit Margin, Accounts Receivables Turnover, Return on Assets and Return on Equity. From the tables and figures, all the ratios have increased over the past five years except for 2012. This means UPS is overall a healthy company and does a good job at generating profits.
Net Profit Margin Ratio
It measures how much net profit a company can earn from every dollar of sales. As shown in Table 1, net profit margin for UPS keeps consistent for each year. The profit fell in 2012 for several reasons, mostly due to the prohibition decision issued by the European Commission to stop the acquisition of TNT Express. The termination fee and related expenses are $284 million, which has a big impact the International Package segment (10-K: UNITED PARCEL SERVICE INC,Annual Report,28-Feb-2014). Also chief executive officer Scott Davis attributes this result to a cheaper and slower modes of transport in a slower growth environment that affects the profitability. In 2013, the ratio has been increased to 7.89%, this indicates UPS becomes more profitable and has better control over its expenses compared to previous years.
Accounts Receivables Turnover
This...